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"Strategic" Behavior in a Strategy-proof Environment.

EC, pp.763-764, (2016)

Cited by: 29|Views29
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Abstract

A mechanism is said to be strategy-proof if no agent has an incentive to misrepresent her true preferences. This property is considered highly desirable for mechanisms that are used in real-life markets. And indeed, many of the great success stories of market design employ strategy-proof mechanisms, such as the second-price sealed-bid auc...More

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